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Brakehill Farm, Rainton, Thirsk, YO7 - Image 1
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Brakehill Farm, Rainton, Thirsk, YO7

Yorkshire

£1,250,000

Listed on 23/05/2025

Property Details

Bedrooms
4
Type
Plot

Description

This property represents a significant development opportunity in the serene village of Rainton, Yorkshire. With detailed planning permission already granted for seven private residences, it offers the potential to transform the existing traditional stone barns into charming dwellings. Two new builds and two additional units under Class Q conversion further enhance this unique project. The site is nestled adjacent to open countryside, providing a tranquil setting just 10 miles from Thirsk and conveniently close to A1(M) junction 49. Rainton is characterized by its idyllic rural atmosphere, complete with local amenities such as a cricket club and pub. Its location between Ripon and Thirsk ensures residents have access to essential services while enjoying the beauty of the Yorkshire countryside. Furthermore, proximity to Ripon offers a rich selection of shops, dining options, and highly regarded schools, including Ripon Grammar School. The approved plans detail an extensive floor area totaling approximately 18,000 sq ft for all seven proposed homes, with appropriate outdoor spaces and parking allocated for each unit. This is an excellent chance for visionary investors or developers looking to create a distinctive residential enclave in a desirable area.

Investment Analysis

(YO7 area)
Area Average
£287/sq ft
Avg Rent (weekly)
£233
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £500,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (YO7)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +1.1%
5 year growth: +5.1%
Investment Disclaimer: Analysis based on YO7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Brakehill Farm, Rainton, Thirsk, YO7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£4,460
Based on a loan of £937,500 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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